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Politics : Formerly About Advanced Micro Devices
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To: Fred Fahmy who wrote (51956)3/8/1999 8:07:00 PM
From: kash johal  Read Replies (2) of 1578133
 
Fred,

Re: AMD said etc.

Well of course you are right that AMD's past performance sucks and

current performance continues to suck.

And they are coming up against mighty Intel which has a record of

being an overachiever and generally over delivers.

However this is all reflected in the stock price.

We may drop down some tomorrow but once they show the K-7 in a few weeks the stock will recover to the $18-19 range. It's the show me the money range.

If they ever do perform and have a good quarter the stock price will go up.

It looks like they are learning the game slowly but painfully. For the first quarter they were forecasting 5.5M. Now for Q2 after problems allegedly fixed they are only forecasting 5.0M.

So maybe they will do better, or maybe they won't.

We'll just have to wait and see.

Regards,

Kash Johal
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